working family credit cuts

Absolutely disgusting my cousin earns 21 grand and his girlfriend looks after their two young kids,their rent is £800 a month for starters and yet they've lost £1500 in tax credits how can that possibly be right.No one that is working should have to either pay those sort of rents on that wage or equally no one should have to live off less than 25k a year with a family of four it's an absolute joke.I have two propertys so I've let them move into one for £500 a month for the time being ss they are struggling,a property I could rent out for 1200 a month,must be hundreds of thiusands out there really struggling and in even worse positions.

Children are very expensive. Don't have them if you can't afford them

Pretty simple really

Not a good idea to rent out property to family, you may well regret it.

outside london 21k looks a decent wage to me,bet there's a fair majority not taking home half that amount.

Welcome to Tory Britain.

Five more years of these thieves sticking the boot in on the poor and disabled, while selling off state assets to their friends and donors. I really don'tknow why anyone ever would have expected anything else.

^^ Not quite sure why I should go out and work so other people can sit around at home playing with their kids!!

Or why I should pay for some old bats disability car

Been against this since it's inception, just encourages employers to pay lower wages, knowing that taxpayers are subsidising their employees wages.

Something seriously wrong in rich countries such as the UK and Germany when the government are having to top up the wages and rent of working people. Employers should be targeted to sort of the former and clearly landlords are to blame for the latter.

agree
the system is in serious trouble.

Bubble about to burst !

wont burst yet but when the eurozone catches up standard of living wise....it will then.

Aug 6, 2015 -- 8:11PM, thegiggilo wrote:

Absolutely disgusting my cousin earns 21 grand and his girlfriend looks after their two young kids,their rent is £800 a month for starters and yet they've lost £1500 in tax credits how can that possibly be right.No one that is working should have to either pay those sort of rents on that wage or equally no one should have to live off less than 25k a year with a family of four it's an absolute joke.I have two propertys so I've let them move into one for £500 a month for the time being ss they are struggling,a property I could rent out for 1200 a month,must be hundreds of thiusands out there really struggling and in even worse positions.

Wouldn't you be better off renting your property for £1200 and giving them £300 out of that? atm by your figures it's costing you £700 pcm so £300 pcm sounds better. They obviously wouldn't have to move either with the associated costs & hassle.

Tax credits proof in itself that globalisation dose not work

heres a lady on social




https://www.youtube.com/watch?feature=player_detailpage&v=K8Cg3TXNJvs#t=20

problem with that theory is globalisation helped our economy boom and survive better through subprime....cant have it both ways.


the real issue is one most house owners wont want to admit.....the fact their house value goes up is a really bad thing.

It is rather curious that to fix the subsidy of worker's pay they cut the working tax first and hoped that enterprise sorts their own house out.
Arse above tit
That's saying business come before people.

macarony
07 Aug 15 11:28
Joined: 13 Mar 05
| Topic/replies: 2,894 | Blogger: macarony's blog
Tax credits proof in itself that globalisation dose not work



Or more likely proof that Gordon Brown's meddling doesn't work...............

With two houses, one to rent at £1200 pcm it sounds as if Giggilo is part of the problem.
Buy to let landlords reduce the supply of houses for sale thereby pushing up prices for those who wish to buy for owner occupation. As house prices rise,so do rents, making it more difficult for people to survive without the subsidy. A vicious circle.

Working Tax Credits are the stupidest thing ever introduced by governments imo

Why work full time when you can do part time and the government pay the difference??

Why pay your employees £10 an hour when you can pay them £7 and the government will pay the difference (if they have children) ??

The only people who miss out are the ones living on their own who don;t qualify without kids . They just have to make do with the same wage they had about 8/9 years ago before this stupid bonanza began.

Isn't £21k a year £10ph
(40*52*10?)

Should work some overtime or get his misses a part time job imo

I wasnt talking about a specific case , just generally wages are held down by 30% or so by this tax credit sh1t

All the lefties love immigrants

If there were less immigrants big companies couldn't pay the minimum wage because no one would be mugged off by them

Thats another factor in low wages yes

The principle that people should be encouraged to work is a good one. Human nature dictates that if there is only a small difference between working and not working, the majority of people in that scenario will choose not to work, and live off the state. I believe that was the ethos behind WTC.

The ultimate issue with the UK system is that you're encouraged to have children. The more you have, the more you'll be supported by the system. A life on benefits for a single person is no fun, but a large family can live quite comfortably off the state.

The Uk have always had WTC, but it used to be called FIS

21k a year feckin good salary.

Aug 6, 2015 -- 8:11PM, thegiggilo wrote:

Absolutely disgusting my cousin earns 21 grand and his girlfriend looks after their two young kids,their rent is £800 a month for starters and yet they've lost £1500 in tax credits how can that possibly be right.No one that is working should have to either pay those sort of rents on that wage or equally no one should have to live off less than 25k a year with a family of four it's an absolute joke.I have two propertys so I've let them move into one for £500 a month for the time being ss they are struggling,a property I could rent out for 1200 a month,must be hundreds of thiusands out there really struggling and in even worse positions.

I think you should ask to see the figures. The Government haven't cut Tax Credits yet, I think they are spinnuing you a yarn - looks like you fell for it. Not like a leftie to plead poverty so others will stump up for them!

All the lefties love immigrants

If there were less immigrants big companies couldn't pay the minimum wage because no one would be mugged off by them


think you will find its the tories who love them.

house prices stay high which means higher rents for buy to letters.
businesses then dont have to pay higher wages so shares and divis stay high.

think the right wing moan about them...some tories may pretend to have a moan and then try to shift it to "luvvies" but in reality its perfect for them.

tey are better off with these immigrants

spot on, G1 Jockey!

In today's Times - Osborne facing Tory revolt over tax credit cuts hitting the "very people we ought to be supporting"